BNET Industries

Market Cap:$26.3M
Last Fiscal Year Sales:$179.7M
  • Public
  • US
Dow Jones Description

All references to we, us, our, SBS, our company or the Company in this report mean Spanish Broadcasting System, Inc., a Delaware corporation, and all entities owned or controlled by Spanish Broadcasting System, Inc. and, if prior to 1994, mean our predecessor parent company Spanish Broadcasting System, Inc., a New Jersey corporation, and its subsidiaries. Our executive offices are located at 2601 South Bayshore Drive, PH II, Coconut Grove, Florida 33133, our telephone number is (305) 441-6901, and our corporate website is www.spanishbroadcasting.com. We are the largest publicly traded Hispanic-controlled media and entertainment company in the United States. We own and/or operate 21 radio stations in markets that reach approximately 48% of the U.S. Hispanic population, and two television stations, which reach approximately 2.0 million households in the South Florida market, and nationally throughout the U.S. on DirecTV Mas. Our radio stations are located in six of the top-ten Hispanic markets of Los Angeles, New York, Puerto Rico, Chicago, Miami and San Francisco. The Los Angeles and New York markets have the largest and second largest Hispanic populations, and are also the largest and second largest radio markets in the United States in terms of advertising revenue, respectively. Our two television stations operate as one television operation, branded MegaTV. ...

Chairman, President & CEO
Raul Alarcon Jr.
Number of Employees 541
Contact Information

2601 S Bayshore Dr PH II

Coconut Grove, Florida 33133

spanishbroadcas...

(305) 441-6901

NAICS Code Radio Networks: 515111

Recent Events

  • Popular Mega-Series 'Gabriel' Coming to DVD -International Superstar Chayanne Plays Leading Role in Vampire-Themed Love...

    10/29/09 - Joint Venture / Alliance - View Story

  • Spanish Broadcasting System, Inc. Reports Results for the Second Quarter 2009

    8/14/09 - Financial Announcement - View Story

  • SBS Launches Debut Digital

    7/06/09 - Product Announcement - View Story

  • SBS Launches Music Site Debut Digital

    7/06/09 - Product Announcement - View Story

  • Pachanga Latino Music Festival Set

    5/22/09 - Financial Announcement - View Story

News & Analysis

spanish broadcasting system inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
Cynthia Hudson Chief Creative Officer of Megatv and Executive Vice President (Photo of Raul Alarcon Jr)
Frank Flores Chief Revenue Officer of The Radio Segment and General Manager of The Radio Market
Joseph A. Garcia Director, Senior Executive Vice President, Chief Financial Officer, Chief Administrative Officer
Marko Radlovic Chief Operating Officer & Executive Vice President
William Tanner Executive Vice President of Programming
Joe Mackay Vice President, Natl Sales
Peter Remington Vice President & General Manager
Deborah Von Brod Director, Music & Media Licensing, Megatv
Isabel Bucaram-Montana Director of Marketing and Communications
Isidro Gonzalez Director, Sales

Board of Directors

Name (plus bio) Position
Raul Alarcon Jr. Chairman, President & CEO
Antonio S. Fernandez Board of Directors
Dan Mason Board of Directors
Jason L. Shrinsky Board of Directors
Jose A. Villamil Board of Directors
Jose L. Villamil Board of Directors
Mitchell A. Yelen Board of Directors
Tony Villamil Board of Directors

Organization Position Status
Spanish Broadcasting System Inc. Chairman, President & CEO Current
Spanish Broadcasting System Inc. Owner Former

Cynthia Hudson became our Chief Creative Officer of MegaTV and Executive Vice President on January 3, 2006. Ms. Hudson is responsible for MegaTV and our bilingual Internet portals. From 1997-2005, Ms. Hudson served as Senior Vice President and Editorial Director of Cosmopolitan Television (a Hearst Entertainment and Syndication Group division), heading up the creation and development of the Cosmopolitan TV Networks. Ms. Hudson led the research, development and creation of Cosmo TV, overseeing design of original programs, on-air packaging, promotions and program acquisitions, as well as the creation and production of original formats. Ms. Hudson is an eight-time Emmy Award winning producer, writer and international television executive with over 20 years experience in both the U.S. broadcast and international cable TV industries.

Organization Position Status
Spanish Broadcasting System Inc. Chief Creative Officer of Megatv and Executive Vice President (Photo of Raul Alarcon Jr) Current

Frank Flores became our Chief Revenue Officer of the radio segment and General Manager of the radio market on April 1, 2009. Previously, Mr. Flores was the General Manager and Vice President of the New York radio market from January 2005 to March 2009 and VP/Director of Sales from July 2004 to January 2005. Mr. Flores is responsible for overseeing the revenue and profit performance of all of our radio stations and the day-to-day operational matters of the New York radio market. Prior to joining us, he was the general sales manager from 2003 to 2004 and local sales manager the previous twelve years for WXRK-FM with Infinity Broadcasting Corporation.

Organization Position Status
Spanish Broadcasting System Inc. Chief Revenue Officer of The Radio Segment and General Manager of The Radio Market Current
Spanish Broadcasting System Inc. Vice President, Sales Former

Joseph A. Garcia has been our CFO since 1984, Executive Vice President since 1996 and Secretary since November 2, 1999. Mr. Garcia is responsible for our financial affairs, operational matters and investor relations, and he has been instrumental in the acquisition and related financing of our stations. Before joining us in 1984, Mr. Garcia spent thirteen years in international financial planning positions with Philip Morris Companies, Inc. and Revlon, Inc., where he was manager of financial planning for Revlon Latin America.

Organization Position Status
Spanish Broadcasting System Inc. Director, Senior Executive Vice President, Chief Financial Officer, Chief Administrative Officer Current
Spanish Broadcasting System Inc. Board of Directors Current
Revlon, Inc. Manager of Financial Planning, Revlon Latin America Former

Organization Position Status
Spanish Broadcasting System Inc. Chief Operating Officer & Executive Vice President Current
Spanish Broadcasting System Inc. Senior Vice President & General Manager, Los Angeles Radio Market Former
Cumulus Media Inc. Market Manager Former

Organization Position Status
Spanish Broadcasting System Inc. Executive Vice President of Programming Current

Organization Position Status
Spanish Broadcasting System Inc. Vice President, Natl Sales Current

Organization Position Status
Spanish Broadcasting System Inc. Vice President & General Manager Current

Organization Position Status
Spanish Broadcasting System Inc. Director, Music & Media Licensing, Megatv Current

Organization Position Status
Spanish Broadcasting System Inc. Director of Marketing and Communications Current

Organization Position Status
Spanish Broadcasting System Inc. Director, Sales Current

Organization Position Status
Terremark Worldwide, Inc. Board of Directors Current
Spanish Broadcasting System Inc. Board of Directors Current
Mhone Director Current
Oppenheimer & Co. Inc. Chief Financial Officer Former
Oppenheimer & Co. Inc. Executive Vice President Former
Oppenheimer & Co. Inc. Director of Operations Former
Pace University B.B.A. Former

Organization Position Status
Sabo Media Partner Current
Sabo Media Advisor and Consultant Current
Sabo Mason Advisor and Consultant Current
Spanish Broadcasting System Inc. Board of Directors Current
First Media National Program Director Former
Westinghouse Former
Eastern Kentucky University Bachelor of Science Degree In Broadcasting Former

Organization Position Status
Spanish Broadcasting System Inc. Board of Directors Current

Organization Position Status
Spanish Broadcasting System Inc. Board of Directors Current
Economic Development Director Former

Organization Position Status
Spanish Broadcasting System Inc. Board of Directors Current

Organization Position Status
Spanish Broadcasting System Inc. Board of Directors Current
Northwestern University M.B.A. In Finance Former

Organization Position Status
Florida Taxwatch Business Economist Current
Florida International University Adjunct Prof of Competitive Strategy Current
The Washington Economics Group, Inc. Business Economist Current
Radeylaw Transition Economic Advisor Current
Hispanic Business Magazine Events Current
Spanish Broadcasting System Inc. Board of Directors Current
Commerce Bank, N.A. Board of Directors Current
The Washington Economics Group, Inc. Chief Executive Officer Former
Lockheed Martin Corporation Former
Florida International University PhD In Economics Former
Louisiana State University PhD Degree. Former
Louisiana State University Bachelor and Masters Degrees in Economics Former
The Latin American Company Senior Fellow Former

Executive News

  • Spanish Broadcasting System, Inc. Reports Results for the First Quarter 2009

    PR Newswire - 5/15/09 - View Story

  • Broadcast Investor: Hispanic online users' strong entertainment engagement drives streaming

    SNL Securities - 5/13/09 - View Story

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     SBSA $0.63 +0.03 (5.26% )
Average Volume 499,865
Shares Outstanding 41.50M
Market Cap 26.3M
Year High 1.04
Year Low 0.0612
Earnings Per Share -0.68
P/E Ratio -0.93
Dividend N/A
Yield N/A
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